Frax (prev. FXS) (FRAX) Risk Analysis
Independent token health audit covering security, liquidity, tokenomics, community and development. Current price: $0.240826. Scores from our scan of .
What is Frax (prev. FXS)?
Frax (FRAX) is the primary stablecoin of the Frax Protocol ecosystem, designed to maintain a peg to the US dollar through a fractional-algorithmic mechanism. It combines collateralized reserves with algorithmic supply adjustments, and is integrated with DeFi tools like Fraxswap (AMM) and Fraxlend (lending), while governance is managed by FXS and FPIS tokens.
Risk overview
Frax (prev. FXS) (FRAX) scores 59/100 in our scan of 2026-11-03. Security is its strongest scored dimension at 80; Liquidity is its weakest at 42. Every number on this page comes from that scan.
Security analysis
Security scores 80/100 from 6 inputs read in this scan. The most points were lost on mint authority.
- Not a honeypot: a test sell goes through. (30 of 30 points)
- Transfers cannot be paused. (10 of 10 points)
- No blacklist function. (10 of 10 points)
- Highest buy or sell tax: 0%. (15 of 15 points)
- Not upgradeable: the contract code is fixed. (15 of 15 points)
- A mint authority is active: new supply can still be created. (0 of 20 points)
Liquidity analysis
Liquidity scores 42/100 from 4 inputs read in this scan. The most points were lost on price impact of a $100K sale.
- 24-hour trading volume: $400.6K. (6 of 15 points)
- DEX liquidity: $879.6K. (24 of 40 points)
- Selling $100K moves the price 9.42%. (12 of 30 points)
- Liquidity locked: 0%. (0 of 15 points)
Tokenomics analysis
Tokenomics scores 52/100 from 2 inputs read in this scan. The most points were lost on top-10 holder share.
- The top 10 holders own 82.8% of supply. (4 of 40 points)
- 93.9% of supply is circulating. (35 of 35 points)
- Not counted: 90-day unlocks (no data).
Community analysis
Community scores 55/100 from 5 inputs read in this scan. The most points were lost on social interactions.
- Social sentiment: 100% positive (LunarCrush). (25 of 25 points)
- CoinGecko users following it: 40,979. (8 of 15 points)
- Social interactions in the last 24 hours: 2 (LunarCrush). (1 of 15 points)
- Share of crypto social volume: 0%. (2 of 15 points)
- Telegram members: 13,230. (8 of 10 points)
- Not counted: trend (no data).
- Not counted: Discord members (the listed link is dead).
Development analysis
Development scores 64/100 from 7 inputs read in this scan. The most points were lost on recent commits.
- GitHub forks: 206. (7 of 7 points)
- GitHub stars: 536. (6 of 8 points)
- Commits in the last 30 days: 3. (10 of 40 points)
- The repository is not archived. (10 of 10 points)
- 71% of GitHub issues are closed. (20 of 25 points)
- Contributors: 14. (6 of 10 points)
- Last code push: 0 days ago. (15 of 15 points)
Frequently asked questions
What is the FRAX health score?
59/100 in our scan of 2026-11-03: Security 80, Liquidity 42, Tokenomics 52, Community 55, Development 64.
How often is FRAX scanned?
We scan it again whenever its latest scan is more than a day old and someone needs it, and this page always shows the latest scan with its date.
Where does the FRAX security score come from?
From on-chain contract checks read in the scan (GoPlus and chain data): honeypot, pause and blacklist functions, taxes, mint and freeze authorities, and upgradeability. It is not a code audit.
Contract
Chain: 0x1 · Address: 0x3432b6a60d23ca0dfca7761b7ab56459d9c964d0
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